Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · cooperative agreement (b)
The Project Includes Early Activities to Advance the Larger Penn Station Transformation Project to Redevelop and Modernize the Station, Increase Concourse Capacity and Access, Enable Safer and More Efficient Station Operations, and Accommodate Passenger Service Growth to Deliver a World Class Passenger Rail Experience. the Portion of the New York Penn Station Transformation Project Funded Under This Cooperative Agreement Includes Pre-nepa Planning and Project Development Activities. the Project Scope Will Include the Procurement of a Master Developer for the Redevelopment of the Penn Station Complex, Environmental Review, Preliminary Engineering (pe), and Preparation of a Project Management Plan (PMP). the Recipient Will Procure a P3 Master Developer That Will Complete Pe. Penn Station Transformation Is Not Currently Funded for Final Design Construction.
Committed
$43.0 Million
Paid out
$6.3M
15%
Committed, not yet paid
$36.7M
85%
Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
Loading…